CNN Names Apple's Tim Cook CEO of the Year

CNN has announced their pick for CEO of the year for 2014, and it's no surprise they went for Tim Cook. CNN chose Mr. Cook because he guided the company into a sharp increase in stock value, plus he managed to show Apple can continue to innovate without Steve Jobs.

CNN ranks Apple's Tim Cook as best CEO of 2014CNN ranks Apple's Tim Cook as best CEO of 2014

CNN backed up its choice saying,

Apple is the apple of Wall Street's eye again. And that's why Tim Cook is our choice for best CEO of 2014. The stock is up 40 percent this year and near an all-time high thanks to the launch of the latest iPhones and Apple Pay service as well as excitement about the Apple Watch due out in 2015. Cook has arguably the toughest CEO job in America. He's had to convince skeptics that Apple can still innovate after the death of Steve Jobs. He's proven all the naysayers wrong.

Along with the company's continued increase in stock value, iPhone sales have remained strong, the iPhone 6 and iPhone 6 Plus launched with bigger displays, Mac sales continue to rise, the iPad is still the tablet to beat, and all eyes are on the unreleased Apple Watch.

Mr. Cook also took a strong public stand for human rights and equality, guided the company through the purchase of Beats Music, and has show he's a strong leader and worthy successor to Steve Jobs.

CNN named BlackBerry CEO John Chen the "comeback kid" for finding a way to keep the company alive while boosting its stock value by 35 percent. Microsoft CEO Satya Nadella, however, earned the dubious title of "Best at inserting foot in mouth" for his comments about why women shouldn't fight to get pay raises.

"By declaring that women should not fight for raises because it would be 'good karma' to trust the system," CNN said, "Nadella embarrassed Microsoft more than former CEO Steve Ballmer ever did with his crazy antics."